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20110729
20110729
Search Results 0 to 6 of about 7 (some duplicates have been removed)
the winding down of military operations in iraq and afghanistan. and, it would give the government an additional $2.7 trillion in borrowing authority to last through 2012. the top republican in the senate mitch mcconnell said democrats were playing with fire by opposing the boehner plan. >> it's inconceivable to me that they would actually block the only bill that could get through the house of representatives and prevent a default right now. it's inconceivable to me that they would do this for no other reason than to help the president avoid another debate before the election about the need for washington to get its fiscal house in order. >> reporter: those words were echoed by many house republicans who took to the floor this afternoon. >> what needs to be done today-- if you owe debts, pay debts. but we also owe a debt to this generation struggling and the next that we can only repay through fiscal reform. >> reporter: house democrats, such as jim mcgovern of massachusetts, had a very different take on the plan. >> i keep expecting lion tamers and acrobats to appear on the house
every month for military operations in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr
but was budgeted on the iraq and afghanistan wars and a number of things conservatives will say don't add up to significant real spending cuts. the concern for conservatives is as this bill moves forward other things will be tacked onto it once the house has to vote on it and they do a final conference on this bill, it's possible you could see things snuck in there that would lead to revenue increases as well. lots of speculation about what this bill would look like says time has run out. it's time for everybody to stand and vote for his bill. we'll see where this goes from here. this is a big development in many sways that was push by what we saw last night. and it brought us to this stage of the game. let's listen to that sound bite we had from harry reid, then we'll talk more about this. >> the republican plan is not a solution. as experts say, all too soon we would be back in the midst of partisan rankling with our economy once again held prisoner by extremists in the republican party led by the tea party. martha: he's calling the pea tarty extremists. as you well know, he said several o
to the president of the united states, as an example, we want you to continue to wage war in afghanistan at the cost of $10 billion a month, this president knows that he will have to borrow about $4 billion a month to meet that congressional appropriation. you see, we borrow about 40 cents for every dollar we spend. similarly, when it comes to the payments that we make to our veterans, who are disabled, we have promised them we will pay you, because you served our country and you lost a limb or you were injured and we will compensate you for that loss for the rest of your life. we need in making that commitment that we're also making a commitment to borrow the money necessary to do it. so periodically a president will come to congress and say, i understand our obligations which you have sent to me and i have approved, and now i ask you to extend my authority to borrow the money to meet those obligations. that has happened 89 times since 1939. since we passed this law, presidents of both parties have come to congress and asked for that authority. and aceman as i mentioned, not d congress
month for military operations in afghanistan alone to prop up a corrupt and incoetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and inastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr. speaker, as i list
Search Results 0 to 6 of about 7 (some duplicates have been removed)

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